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Herbalife Posts Q1 Beat, Raises Outlook, Exchanges Dividend For Buyback Plan

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Shares of Herbalife are volatile in Monday's post-market trading session after the company released

  • fiscal year 2014 raised from $5.85-6.05 previously to $6.10-6.30, compared to the Street estimate of $6.05.
  • Carl Icahn quickly took to Twitter to show his approval for the repurchase program.

    The stock is flat in Monday's post -market session from the closing price of $58.79 after spiking to a low of $55.98 and then to a high of $61.88.

    Posted-In: Earnings News Guidance Dividends Hedge Funds Buybacks General

     

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